Chancellor Rachel Reeves faces warnings that the UK risks losing a significant number of owner-managed businesses if tax hikes are introduced in Labour’s upcoming Budget, according to new research commissioned by professional services firm Evelyn Partners.
Activity among SME manufacturing businesses saw a decline in September, although confidence in future growth remained high, according to the latest NatWest SME Growth Tracker.
SKL.vc is set to debut its B2C Launch Camp, a programme designed to give aspiring entrepreneurs a risk-free environment to explore their business ideas without dipping into personal savings.
dottxt, an emerging platform designed to enhance interactions with large language models (LLMs), has successfully raised $11.9 million across its Pre-Seed and Seed funding rounds, all within just over seven months.
Almost three quarters (73%) of UK business leaders make people management decisions using ‘gut feel’ rather than relevant data. That’s according to a new ‘Quick Thinking’ report from data streaming platform Confluent, which examines how UK business leaders make decisions using data.
As an entrepreneur, you will face many obstacles on the road to success in your field, and it is crucial that you are passionate about your product or service so that your startup can take off and build a solid customer base.
French space startup Skynopy, specialising in satellite connectivity, has announced a new partnership with satellite IoT operator Kinéis to launch its own network of antennas and enhance its turnkey satellite connectivity services. This collaboration addresses the increasing demand for space industry solutions.
Rare Founders Demo Day wasn’t just an event; it was a celebration of entrepreneurial energy. Organised for the second time this year by entrepreneur Vasily Alekseenko, Rare Founders, London’s Largest Demo Day has quickly become the highlight of the UK startup calendar.
Startups working to strengthen trust in carbon markets across sectors such as farming, ocean health, and cotton have been selected for the second year of an accelerator programme run by BSI and the Cambridge Institute for Sustainability Leadership (CISL).
UK-based spacecraft propulsion startup, Magdrive, has signed a memorandum of understanding (MoU) with Orbit Fab, a specialist in spacecraft refuelling. The partnership, announced at the 75th International Astronautical Congress (IAC) in Milan, aims to develop satellite refuelling technologies that promise to reshape space sustainability.
eBay has announced the global expansion of its Circular Fashion Fund (CFF), aimed at helping fashion startups scale circular solutions across the entire lifecycle – from production to disposal, including rental and repair services. Applications for the fund are now open and will close on 15th November 2024. Eligible startups and small businesses can apply via eBay’s website.
TravelPerk, a global business travel management platform, has released new findings on how UK professionals feel about the potential use of AI avatars in the workplace. Despite some reservations, 91% of respondents said they would be open to delegating meeting tasks to an AI avatar.
Zerve, a platform designed for data science and AI development, announced a seed round of $7.6 million, led by Paladin Capital Group. Other backers included existing investor Elkstone and notable angel investors like Rob Hickey, former Executive Vice President of Engineering at DataRobot.
Glovo, the multi-category app, has revealed its largest product overhaul since 2016, setting itself apart by blending social media elements with food discovery. This update seeks to enrich the customer experience and push forward innovation.
Estonian startup Symmetrista has unveiled a bra specifically designed for women who have undergone breast reconstruction after breast cancer treatment.
Mollie, a rapidly expanding European financial services provider, has unveiled its new integration with HubSpot, the customer platform for growing businesses. This integration allows UK businesses to initiate and track payments directly within HubSpot, streamlining CRM payment processing and significantly reducing time spent on administrative tasks.
Belgian biotech startup AmphiStar, known for its sustainable surfactant innovations, has been awarded a €2 million non-dilutive grant from SPRIN-D, the Federal Agency for Disruptive Innovation. This brings the company’s total funding for the year to €10 million.
Hormony (Prelude Health), a startup in the femtech space, has been honoured as the winner of the inaugural FemTech category at the Global Tech Awards 2024. This accolade recognises Hormony’s technological innovation and significant impact on women’s healthtech.
Where You At (WYA), a female-founded app that enhances nightlife safety using indoor mapping and offline mesh technology to help users stay connected in crowded venues, has raised significant funding which has helped it make a huge impact in a short space of time.
INSHUR, a global embedded insurance provider for the on-demand economy, has secured $19 million in its latest funding round. This round was led by Viola Growth, with contributions from MS&AD Ventures and existing backers, bringing INSHUR’s total funding to $78.5 million.
